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May 10, 2010

THe Housing Bubble Burst Because The Fed Inflated It

“The housing bubble burst, and it burst because the Fed inflated it ... people kept saying the market wouldn’t go down, that housing prices would keep going up, and guess what — they didn’t.”

in www.foothillsmediagroup.com

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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